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Greg is an unmarried, 2 9 - year - old taxpayer. He received the following income for the year: Wages: $ 4 4 , 5

Greg is an unmarried,

29 -

year

-

old taxpayer. He received the following income for the year:

Wages: $

44, 500 .

Interest from a bank savings account: $

50 .

Unemployment compensation: $

7, 000 .

Gift from his father: $

3, 000 .

How much of Greg's income is considered earned income

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